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| | | India - 9-day textile trade bandh ends | | 02 Feb , 2012 - India [Free] | |
Telugu Desam president N Chandrababu Naidu has assured textile traders that the 5 per cent value added tax on textiles will be rolled back if his party is voted to power.
“We will include it in our manifesto if the government does not ac.... |
| | | Pakistan - Textile industry faces imminent collapse | | 02 Feb , 2012 - Pakistan [Free] | |
The textile sector has been forced to shed 60% of its workforce because of restrained productivity due to unscheduled and prolonged gas and electricity outages, according to the Council of Loom Owners Association Chairman Waheed Khaliq Ramay.
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| | | Taiwan - TTF to help 20 major textile makers promote exports this year | | 02 Feb , 2012 - Taiwan [Free] | |
Taiwan Textile Federation (TTF), commissioned by the Bureau of Foreign Trade under the Ministry of Economic Affairs, has selected 20 premium textile exporters in the fourth phase of the “Textile Export Promotion Project” this year, which is designed .... |
| | | Pakistan textile, clothing exports to US not growing | | 02 Feb , 2012 - Pakistan [Free] | |
United States is one of the largest markets for Pakistan’s textile and clothing products. US market is currently going through turbulent times due to financial crisis, retail figures indicate steady sales in 2011.
US import figures for 20.... |
| | | Asia to receive sharply lower Europe naphtha supply in March | | 02 Feb , 2012 - Global [Free] | |
Asia is expected to receive 110,000-150,000 tonnes of arbitrage naphtha from Europe in March, down from 420,000 tonnes slated to arrive in February, traders said on Thursday.
European refiners are using more naphtha for gasoline blending,.... |
| | | Kuwait crude down to USD 109.58 pb | | 02 Feb , 2012 - Kuwait [Free] | |
Price of Kuwaiti crude oil decreased to USD 109.58 per barrel (pb) on Wednesday, Kuwait Petroleum Corporation (KPC) said on Thursday.
Crude prices are mainly within the USD 110 pb range, with some increasing in certain markets and decrea.... |
| | | SA wool market slightly dearer | | 01 Feb , 2012 - South Africa [Free] | |
The South African wool market closed slightly dearer at this week's national sale, Cape Wools said on Wednesday.
Company spokeswoman Ona Viljoen said Cape Wools' Merino indicator gained 0.5 percent on last week to end the day at R103.01/k.... |
| | | Pakistan textile industry relocating to Bangladesh | | 01 Feb , 2012 - Pakistan [Free] | |
Pakistan export oriented textile industry are relocating their business to Bangladesh for a slice of preferential trade agreements with United States and European Union as poor country.
Pakistan Textile Minister Makhdoom Shahabuddin on Tu.... |
| | | Spot ethylene, propylene prices sustain bullish trend | | 01 Feb , 2012 - Global [Free] | |
Ethylene and propylene prices have been on a bullish note for the last two months across the globe, posting large gains particularly in January. There are a number of reasons behind the ongoing upward momentum in these monomer markets including surgi.... |
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